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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.
  • Ignored by ‘Oppenheimer,’ atomic test victims speak out

    White Sands, United States - Wesley Burris was fast asleep in bed when the world's first atomic bomb exploded just 25...

    The events of 5:30 am on July 16, 1945 are now best known to millions from their dramatic re-enactment in the Oscar-tipped movie "Oppenheimer."

    Cordova - one of five generations in her family diagnosed with cancer since 1945 - hopes such recognition could put pressure on the US Congress to extend compensation

  • Arabic in demand as non-English content rules market

    This trend shift reflects not only changing consumer preferences but also highlights the significant potential for regional stories to gain...

    This trend shift reflects not only changing consumer preferences but also highlights the significant potential for regional stories to gain global prominence.

    The MENA region also sees demand for content in Chinese, Korean, and Japanese has soared, alongside a doubled interest in animation, says a latest report.

  • Arab women: Pioneers in arts, sports, and culture

    Outstanding Arab women leave a lasting impact in their respective fields, inspire countless individuals, and shape the future of the...

    Outstanding Arab women leave a lasting impact in their respective fields, inspire countless individuals, and shape the future of the interconnected domains.

    Their stories challenge stereotypes and demonstrate the transformative power of passion, dedication, and a commitment to breaking down barriers.

  • Young Iraqis seek desert retreats for a change from the hustle of big cities

    SAMAWAH, IRAQ – Far from the hustle and bustle of major cities, young Iraqis are increasingly taking advantage of a renewed...

    For years, only the most intrepid of hikers and campers would brave the trips into Iraq's desert.

    With the rise of social media and a period of relative stability, it has become a popular destination.

  • Museum in West Bank displays Gaza’s ‘artistic demonstration’ against war

    BIRZEIT, PALESTINIAN TERRITORIES – At a museum in the Israeli-occupied West Bank, Gazan works on display are proclaimed to be an...

    Alongside contemporary pieces, the works include old, traditional paintings and costumes, as well as archeological artifacts.

    Gaza's bloodiest war has devastated the small Hamas-ruled coastal territory, with its cultural heritage just one of the many casualties of war.

  • Red Sea Global releases ‘Red Sea Waves,’ its first music album

    Riyadh, Saudi Arabia - Red Sea Global (RSG), the developer behind The Red Sea and Amaala, the Saudi tourism destinations,...

    The album is the result of collaboration between Saudi, Egyptian, Sudanese, Somali, and other artists

    The album features 12 tracks, each of which is characterized by a different genre and origin

  • Saudi Arabia cracks down on heritage site defacement with hefty fines

    Riyadh, Saudi Arabia - Saudi Arabia has issued a stern warning against damaging the nation's cultural heritage sites, imposing hefty...

    The Public Prosecution declared that anyone caught defacing urban heritage,could face a penalty of one year in prison and a fine of up to $26,660

    This stern message coincides with the Kingdom's celebration of its Founding Day, which fell on February 22

  • Music beats the blues in Tunisian youth project

    Local children and teenagers come together in the afternoon to compose and rehearse music for a creative break from their...

    The after-school music club project is called Tunisia 88 - a reference to the number of keys on a piano - and aims to get youngsters to develop their creative and leadership skills

    It has engaged 5,000 to 10,000 youths a year across Tunisia's almost 600 schools since it was founded in 2017 by US pianist Kimball Gallagher and Tunisian Radhi Meddeb

  • Saudi film industry gets boost with $100m investment fund

    Riyadh, Saudi Arabia -The Middle East Financial Investment Company (MEFIC Capital) has unveiled the establishment of the Saudi Film Fund,...

    The strategic fund is an outcome of an agreement involving the Cultural Development Fund, MEFIC Capital, and Roaa Media Ventures

    The Saudi film production market has experienced impressive growth, boasting an annual growth rate exceeding 25%

  • ‘Oppenheimer’ dominates BAFTAs in major Oscars boost

    London, United Kingdom - "Oppenheimer", Christopher Nolan's epic movie about the creation of the atomic bomb, swept the board at Sunday's...

    The movie earned seven awards in total, including best film, best director for Nolan, best actor for Cillian Murphy and best supporting actor for Robert Downey Jr

    In the film, Murphy plays J. Robert Oppenheimer, the US theoretical physicist often called the "father of the atomic bomb" who was haunted by the consequences of his creation